Third Quarter Ended September 30, 2018The company reported revenue of approximately $3.6 million, a 96 percent increase when compared to revenue of approximately $1.8 million for the third quarter of 2017.

Gross profit for the quarter was $1.9 million, or a gross profit margin of 50 percent, compared to gross profit of $.743 million, or a gross profit margin of 40 percent, for the third quarter of 2017.

The company reported net income for the quarter of $.987 million, an 85 percent increase when compared to a net income of $.535 million for the comparable 2017 quarter.

Nine-Month Period Ended September 30, 2018Revenue for the nine-month period increased 66 percent to approximately $8.4 million when compared to revenue of $5.1 million for the 2017 nine-month period.

Gross profit for the nine-month period was $4.1 million, or a gross profit margin of 49 percent, compared to gross profit of $2.2 million, or a gross profit margin of 44 percent for the 2017 nine-month period.

The company reported net income of approximately $1.5 million, an increase of 94 percent when compared to net income of approximately $.771 million for the 2017 period.

AmeraMex CEO Lee Hamre commented, “We are pleased that the two-year audit is complete and our outside legal team is working on the Form 10 Registration Statement. We are also pleased with the nine-month period results and have booked another $1.9 million since the end of the third quarter. We have a large backlog of potential orders and believe this will be a banner year for AmeraMex.”

The conference call dial-in number for both U.S. and international callers is 1.201.689.8560. An audio replay of the call will be available from November 9, 2018 at 5:00 p.m. Eastern Time until November 23, 2018 at 11:59 p.m. Eastern Time. The replay is accessible by dialing 1.412.317.6671 and entering pin number 13684542. An audio version of the conference call will also be available on the Company’s website, www.ammx.net.

AMERAMEX INTERNATIONAL, INC.

UNAUDITED CONDENSED STATEMENT OF OPERATIONS

For the 9 months ended September 30, 2018 & 2017

Three-month

Three-month

Nine-month

Nine-month

period ending

period ending

period ending

period ending

September 30, 2018

September 30, 2017

September 30, 2018

September 30, 2017

Sales

$

3,606,515

$

1,837,440

$

8,410,867

$

5,066,648

Cost of Goods Sold

(1,670,580

)

(1,094,278

)

(4,266,148

)

(2,822,947

)

Gross Profit

1,935,935

743,162

4,144,719

2,243,701

Operating Expenses:

Selling Expenses

19,966

18,393

62,143

47,527

General & Administrative

884,671

67,672

2,387,346

1,064,998

Total Operating Expenses

904,637

86,065

2,449,489

1,112,525

Income from Operations

1,031,298

657,097

1,695,230

1,131,176

Other Income (Expenses)

Interest Expense

(43,090

)

(121,211

)

(199,308

)

(360,064

)

Other Expense

–

–

Total Other Income (Expense)

(43,090

)

(121,211

)

(199,308

)

(360,064

)

Income Before Provision for Income Taxes

988,208

535,886

1,495,922

771,112

Provision for Income Taxes

(1,100

)

(1,100

)

(1,100

)

(1,100

)

Net Income

$

987,108.00

$

534,786.00

$

1,494,822.00

$

770,012.00

Weighted Average Shares Outstanding:

Basic

754,015,879

689,028,242

754,015,879

689,028,242

Diluted

754,015,879

689,028,242

754,015,879

689,028,242

Earnings (loss) per Share

Basic

$

0.00

$

0.00

$

0.00

$

0.00

Diluted

$

0.00

$

0.00

$

0.00

$

0.00

AMERAMEX INTERNATIONAL, INC.

UNAUDITED CONDENSED BALANCE SHEET

Third Quarter 2018 & 2017

September 30, 2018

September 30, 2017

ASSETS

Current Assets:

Cash

$

420,390

$

48,739

Accounts Receivable

2,165,283

647,006

Inventory

1,683,628

2,154,715

Other Current Assets

20,799

14,799

Total Current Assets

4,290,100

2,865,259

Furniture & Equipment, net

5,855,867

4,149,440

Other Assets

380,812

455,545

TOTAL ASSETS

$

10,526,779

$

7,470,244

LIABILITIES & STOCKHOLDERS’ EQUITY (DEFICIT)

Current Liabilities:

Accounts Payable

$

1,613,138

$

677,530

Accrued Expenses

9,006

(11,892

)

Deferred Revenue

3,149,212

3,369,934

Income Taxes Payable

92,546

(438,091

)

Line of Credit

491,500

89,411

Notes Payable, Current Portion

897,935

826,821

Notes Payable, Related Party

313,365

378,806

Total Current Liabilities

6,566,702

4,892,519

Notes Payable, net of Current Portion

1,795,869

1,653,642

TOTAL LIABILITIES

8,362,571

6.546.161

STOCKHOLDERS’ EQUITY (DEFICIT):

Common Stock, $0.0001 par value, 100,000,000 shares authorized,

754,016,879 & 664,890,879 shares issued and outstanding

754,017

754,017

Additional Paid-In Capital

20,785,924

20,785,924

Treasury Stock

(5,438

)

(5,438

)

Accumulated Deficit

(19,370,295

)

(20,610,420

)

Total Stockholders’ Equity (Deficit)

2,164,208

924,083

TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY (DEFICIT)

$

10,526,779

$

7,470,244

AMERAMEX INTERNATIONAL, INC.

UNAUDITED STATEMENT OF CASH FLOW

For the Nine months ended September 30, 2018

OPERATING ACTIVITIES:

September 30, 2018

Net Income

1,493,213

Adjustments to reconcile net income to

Net cash provided by operating activities:

Depreciation

609,740

Stock-based Compensation

Loss on Settlement of Debt for Common Stock

Change in current assets and liabilities:

Accounts Receivable

2,757,001

Inventory

1,652,575

Other Assets

(5,280,218

)

Accounts Payable & Accrued Expenses

(795,074

)

Income Tax Payable

–

Net Cash Provided by Operating Activities

437,237

INVESTING ACTIVITIES:

Payment for Furniture & Equipment

(755,371

)

Net Cash used in Investing Activities

(755,371

)

FINANCING ACTIVITIES:

Repayment of Note Payable

172,296

Proceeds from Note Payable – Related Party

15,603

Net Proceeds (borrowing) under line of credit

(3,000

)

Purchase of Treasury Stock

–

Net Cash used in Financing Activities

184,899

NET DECREASE IN CASH

(133,235

)

CASH, BEGINNING BALANCE

553,625

CASH, ENDING BALANCE

420,390

CASH PAID FOR:

Interest

199,308

About AmeraMexAmeraMex International sells, leases and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company also represents an inclusive product line of advanced performance tactical military vehicles from Oshkosh Defense, LLC. AmeraMex, with a US and international customer base, has over 30 years of experience in heavy equipment sales and service. Follow AmeraMex on Twitter @ammx_intl and visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com for additional information and equipment videos.

Except for the historical information contained herein, statements discussing the SEC audit, sales or revenue projections are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from any forward-looking statements made herein.